Galleon Group founder Raj Rajaratnam, right, exits Manhattan Federal Court after a sentencing hearing on Oct. 13, 2011 in New York City. Rajaratnam was sentenced to eleven years in prison in a hedge fund insider trading scandal.Mario Tama/Getty Images
Can't-miss stories from the web
A victimless crime?
The New York Times explores a few cases of blatant insider trading and wonders why people are so eager to make a quick buck when the laws against such behaviour are clear and widely known.
Dell's got a fight on its hands
T. Rowe Price has joined Southeastern Asset Management in opposing the plan to take Dell private.
Private equity shakeout looms
Up to one-quarter of private equity firms may find themselves without fresh money for deals, thanks to a combination of looming fundraising deadlines and underperforming investments.
CNOOC gets the green light for Nexen takeover
The Calgary-based global oil and gas company said on Tuesday it has received approval from the Committee on Foreign Investment in the United States, or CFIUS, which had been closely studying the transaction.
SNC-Lavalin mulls asset sales
Canada's largest engineering company is close to recouping the $2-billion of market value it lost in the aftermath of last year's corruption scandal, while the company's CFO decides which infrastructure concession investments it wants to keep.
(Jody White is the Web Editor for Streetwise.)
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